KlariVis is a technology company.
KlariVis is a banking analytics platform designed to provide actionable insights for financial institutions, enabling them to leverage data effectively for decision-making.
KlariVis has raised $11.0M across 1 funding round.
KlariVis has raised $11.0M in total across 1 funding round.
KlariVis is a cloud-based data analytics platform built specifically for community banks and credit unions, aggregating fragmented data from core and ancillary systems into interactive dashboards and visualizations for actionable insights.[1][6][8] It serves financial institutions by solving the problem of siloed data, manual reporting, and delayed decision-making, enabling teams from frontline staff to executives to access role-specific metrics in real time, improve risk management, customer relationships, and profitability—such as 50+ bps loan-yield lifts and hundreds of hours saved annually.[2][3][4] With over 130 institutions using the platform since 2019, KlariVis demonstrates strong growth through client-driven features like Report Builder, Credit Concentration Policy Status Report, Peer Insights, and Transactional Intelligence, positioning it as a leader in banking business intelligence.[2][3][7]
KlariVis was founded by Kim Snyder, its CEO, along with a team of former community bank executives who identified a universal pain point in banking: fragmented data across disparate systems leading to endless spreadsheet work and inefficient analysis.[3][8] The "aha moment" emerged from their firsthand frustrations in their own banks, realizing this was an industry-wide issue rather than isolated, prompting them to build a tailored solution starting around 2019.[7][8] Early traction came from rapid adoption, with the platform empowering over 130 financial institutions by providing quick implementation (under 120 days) and immediate value, evolving through client feedback gathered at Executive Data & Innovation Summits.[3][7]
KlariVis rides the wave of banking digitization and data democratization, where community banks face regulatory pressures, competition from fintechs, and the need for real-time analytics amid rising data volumes from disparate systems.[1][2][6] Its timing is ideal in a post-2020 era of heightened focus on efficiency, risk (e.g., credit concentration), and customer-centric growth, amplified by market forces like M&A activity and peer benchmarking demands.[2][3] By making advanced BI practical for resource-limited institutions—eliminating month-end delays and enabling strategic focus—KlariVis influences the ecosystem, helping banks like Village Bank and Wayne Bank enhance client experiences, uncover opportunities, and maintain independence.[5][6]
KlariVis is poised for accelerated expansion with its client-fueled roadmap, including more AI-enhanced features like expanded Transactional Intelligence to deepen wallet-share insights and automate compliance.[2][3] Trends like open banking data standards, regulatory scrutiny on risk, and demand for peer analytics will propel its growth, potentially doubling its 130+ client base as more institutions seek affordable, banker-led alternatives to enterprise BI giants.[7] Its influence may evolve from niche enabler to industry standard, empowering smaller banks to compete aggressively—turning data from a burden into a competitive edge, much like how it originated from founders' daily banking frustrations.[8]
KlariVis has raised $11.0M in total across 1 funding round.
KlariVis's investors include Mana Ventures, Revolution.
KlariVis has raised $11.0M across 1 funding round. Most recently, it raised $11.0M Series B in January 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2024 | $11.0M Series B | Mana Ventures, Revolution |